U.S. jobless claims fall; continuing claims at 28-1/2-year low
New applications for U.S. jobless benefits unexpectedly fell last week and the number of Americans receiving unemployment aid hit a 28-1/2-year low,...
Direct investment surges by 12.7pc in July-April 2016-17
The Oil and Gas, Power sectors and Construction Industries supported total foreign investment of the country, which increased by 105 per cent...
Three Pakistani companies to take part in Automechanika Mexico
Three Auto Mechanical Pakistani companies will participate in Automechnaika Mexico 2017 through Trade Development Authority of Pakistan (TDAP) from June 14-16, 2017.
The...
Telenor foresees solid internet growth in Pakistan
Earnings margins in Telenor’s extensive Asian operations have been lifted by the ongoing growth in mobile broadband usage in the region, Chief...
Buffett eager to utilise $86 bln cash pile, top his largest takeover
Warren Buffett’s career is filled with splashy takeovers that cost billions -- as in $10 billion or $20 billion or $30 billion.
But $100 billion?...
Select USA Investment Summit welcomes Pakistani Investors’ participation
The American Commercial Counselor Steve Knode, on Tuesday, has invited Pakistani businessmen to participate in Select USA Investment Summit, due to be...
ADB appoints first woman country director Xiaohong Yang to Pakistan
The Asian Development Bank (ADB) has appointed China’s Xiaohong Yang as new Country Director for Pakistan.
According to ADB press statement, Yang, who...
Hindu extremists threaten outlets for selling ‘Made in Pakistan’ clothes
Mumbai: Workers from the Maharashtra Navnirman Sena barged into a showroom of the clothing brand ‘Zara’ at a shopping mall in Mumbai...
PIA sacks German CEO on account of corruption charges
A notification issued on Friday informed that Pakistan International Airlines (PIA) has sacked its acting Chief Executive Officer (CEO) Bernd Hildenbrand, media...
IMF warns of growing risks to improving global recovery
The global economic recovery is improving and picking up steam, but still faces a series of threats that could erode the improvements,...
Two Pakistani entrepreneurs make it to Forbes’ 2017 ‘30 Under 30 Asia’list
The Forbes’ 2017 ‘30 Under 30 Asia’ has featured two Pakistani startup founders in its recent listing for the year 2017. In...
Preparations for Hannover Messe 2017 nearing completion
Engineering Development Board (EDB), Ministry of Industries and Production have informed that the preparations for the upcoming Hannover Messe-2017 Germany scheduled to...
Gray market has become a necessary evil for luxury watchmakers
A diamond-studded Rolex at 40 percent off the $34,000 retail price or an Omega Speedmaster Moonphase for less than $10,000? While still...
Sales of Ivanka Trump products soar in 2016
NEW YORK: Sales of Ivanka Trump´s clothing collection soared by nearly 61 pc in 2016, the company that manufactures products for the...
Samsung anticipates record high profits in Q1 2017
Samsung is anticipating strong operating profits of $8.7b in the first three quarters of 2017, after the release of its upcoming Galaxy...